Matt Scott: Russian 2018 organisers face taxing task as inflation takes off

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“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” Vladimir Iliych Lenin

The Russian bear was dancing when it held the winter Olympics and won its bid to host the 2018 FIFA World Cup. All the while it was growling a demonstration of its aggressive fighting strength in the Caucasus. But, for the moment at least, one of the world’s most historically important nations is cowed.

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Turkish Ultras accused of government coup attempt have trial delayed

Istanbul protest

By Mark Baber
December 17 – Members of Besiktas’ Carsi supporter group, Turkish opposition groups, human rights campaigners and rival supporters gathered outside an Istanbul court chanting “Stand against fascism” as 35 members of the ultra group went on trial for participating in the demonstrations against the redevelopment of Gezi Park, one of Istanbul’s last areas of greenery.

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Sky shares plummet as Premier League rights auction sparks investor fear

Premier League TV

By Mark Baber
December 16 – The multi-billion pound auction for Premier League television rights, which kicked off on Friday, has led to a 4.4% fall in the share price of Sky plc on Monday on fears the company could be outbid by BT on a number of packages, and predictions the total bill could be as high as £5 billion, An Ofcom investigation, initiated by Virgin, has added to the lack of stability in the market.

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